DMCC can be considered one of the most prestigious Free Zone in the UAE to set up a business.
To encourage more foreign investment, which is the driving force for the economy, the government established several special economic
zones, the Dubai Multi Commodities Centre or DMCC.
The Dubai Multi Commodities Centre (DMCC) is one of the fastest growing UAE Free Zones. Therefore, DMCC is an excellent investment opportunity for foreign investors who would like to invest in Dubai since it offers a whole lot of benefits for their companies.
Each DMCC company is issued a license depending on its business activity. DMCC offers three types of company licenses: Trading, Service and Industrial.
DMCC offers a top-class business infrastructure for all its investors to grow the business in Dubai and globally.
As the Government of Dubai Authority Committed to establishing Dubai as a global gateway for trade, DMCC is
the ideal partner for growth.
Registration of company in DMCC is cost-efficient start for business and excellent way to increase turnover for already existing organizations. Those who want to open companies
in Dubai and decide for free zone companies can choose the DMCC free zone and operate in various industries.
If you are looking to set up a company in DMCC, please get in touch with us for professional assistance.
The requirements for opening a company in DMCC are the same as for any other business in Dubai, meaning, it must prepare the same set of documents as when incorporating a company with the Dubai Trade Register.
Dubai Multi
Commodities Centre Free Zone can host limited liability companies and branch offices for foreign and UAE companies. For example, in order to establish a limited liability company or a branch office, the following requirements
must be respected:
- the start-up capital for a subsidiary or a new company is 50,000 AED and it must be paid in full three weeks prior to the incorporation and it can be withdrawn right after;
- the company must
have at least one shareholder and two up to seven directors who can have any nationality and residency;
- companies can obtain services, commercial trading, and general trading licenses;
- companies are required
to have a real person as a manager;
- companies must have a registered office.
- 100% foreign business ownership
- Zero personal and corporate tax rate
- 100% capital repatriation
- No currency restrictions
- Variety of permitted business activities
- Unique industry clustering and purpose-built
infrastructure
- Systematic networking opportunities through DMCC events
- Flexible office solutions including serviced offices, flexi desks, and shared offices
- The possibility of obtaining residence and work
permits for both employees and shareholders;
- Trading License - allows trading only the groups of goods specified in the license.
- General Trading License - allows to trade any permitted goods.
- Service License - allows to provide services specified in the license and also provide consulting.
- Industrial License – such type of DMCC license allows the implementation of light production activities specified
in the license.
- Branch Company- allows the opening of a branch of existing enterprise and doing business in DMCC Free Zone.
To obtain and hold a license, the applicant must:
- have a valid company registration in the DMCC Administration;
- have a valid rental agreement or freehold title to real estate;
- do not conflict
with any aspect of the DMCC Rules and any other laws, rules and regulations applicable in Dubai, as well as aspects of the UAE federal law.
Starting your business in DMCC will ensure growth and prosperity for your business, and our business advisors can help you get started with.
Over the years, the DMCC has recognized us for our expertise and the volume of
companies that we have launched within this free zone. Our experts will make sure that you can focus on your business while we take care of all the administrative aspects.
If you want to start a business in the DMCC
Free Zone, our professional experts are here to help you get started with the right tools and support.
Do you want to set up your business in DMCC Free Zone?